Terminal Two, the additional
                terminal located on the north side of the Airport
                development is designed to handle in excess of
                500 passengers per hour, a yearly total of 2.5
                million passengers. In addition to scheduled
                flights, Terminal 2 will also cater for Charter
                flights, Executive flights and Special Interest
                flights such as those for the Haj pilgrimage.
                1,200 sq. metres in this new terminal has been
                allocated to Duty Free shopping which will
                include a customers service desk for bulk
                purchase. 
                As an integral part of the Dubai
                International Airport expansion program, a total
                land area of 2.2 million sq. metres, has been
                allocated for the development of Dubai Airport
                Free Zone & Business Village.  
                 
                This state-of -the art Free Zone will provide
                a supporting environment to a wide variety of
                technology-driven industries, including products
                with high value-to-weight ratio; manufacture
                assembly and trade of time sensitive products;
                services to aviation and high technology
                industries, and technical and professional
                support services.  
                HH Sheikh Ahmed Bin Saeed Al
                Maktoum, President, Dubai Department of Civil
                Aviation commented: " Our main object is to
                consolidate Dubais status as a regional hub
                allowing the international business community to
                reach the 1.4 billion consumers surrounding the
                U.A.E. 
                Mr.
                Mohi-din Binhendi, Director General of t he Dubai
                Department of Civil Aviation added: " The
                completion of the first stage of Dubai Airport
                Free Zone & business Village towards the
                first quarter of 1998 will add a new dimension of
                services provided to investors in Dubai."  
                Dubai
                Airport Zone presents to its a range of
                attractive incentives which include: 
                 
                
                    - 100% foreign ownership
 
                    - A corporate tax holiday of
                        up to 15 years, renewable
 
                    - Freedom to move capital ,
                        including dividends & profit 
 
                    - No personal income tax. 
 
                    - Full exemption of import
                        duties
 
                    - Proximity to both Dubai
                        International Airport and the city of
                        Dubai 
 
                    - State of the art office
                        buildings.
 
                 
                Dubai Airport Free Zone and Business
                Village will provide an unequalled level of
                quality service, developing a one-stop Service
                for its tenant companies, assisting with
                administrative tasks such as application
                paperwork, visas, executive site visits,
                marketing and relocation requirements, while
                acting as an interface with the Municipality and
                Government.  
                The Dubai Airport Free Zone and
                Business Village will be built around a high
                quality infrastructure providing digital
                communications, reliable power and other
                utilities supporting the needs of sophisticated
                technology companies.  
                 
                 
                
                    9,442 sq. metres of
                        gross office floor space in the
                        Administration building has been
                        allocated for the use of the Free Zone
                        tenants. These hi-tech commercial offices
                        have been specially designed to
                        accommodate the needs of multinational
                        and regional corporations. (Rate: 120 AED
                        per Sq.)  
                    
                    Pre built light
                        industrial units and warehouses, covering
                        an area of 72,000 sq. metres will allow
                        Dubai Airport Zone tenants an immediate
                        start of operation. (Rental rates: 45 AED
                        per Sqf) 
                    
                
                
                    209,000 Sqm of developed
                        land has been allocated to companies who
                        wish to design and erect their own
                        premises (Land rental rate: 10-12 AED per
                        Sq. f) 
                    To further facilitate the
                        operation of its tenants, Dubai Airport
                        Free Zone Business Village Authority has
                        allocate an area of 140,000 Sq. metres of
                        apron space capable of handling 10 Boeing
                        747-400 aircraft for prompt air services.
                
                Public
                utility and service outlets such as restaurants,
                pharmacies, clinic, speciality retail and banking
                outlets will cover an area of 2,361sq. metres and
                will also be available for the use Dubai Airport
                Zone and Business Village tenants. 
                1999
                will see the launch of the permanent Airshow Site
                located within the Dubai Airport Free Zone &
                Business Village development., The 31,000 sq.
                metres of highly sophisticated exhibition halls
                will be serviced by a 5,777 sq. metres of offices
                in the Reception building. These grounds will
                also be used to host other major airport related
                exhibitions.  
                 
                To date many blue-chip companies, have been
                granted licenses- to set up at the Free Zone:
                Aviation related industries such as Boeing,
                Agusta, Air Express International and DHL will
                undertake services and distributions such as
                Ricoh Mastech, Evans & Sutherland and Digital
                have received approval to establish a services
                operation, Marketing offices for Dell computers,
                Grillo Wreke and International Autosource were
                also granted licence; in addition other major
                companies like International Samsonite Corp and
                Tag-Heuer Chanel and SMH the group for Longines,
                Swatch and omega.  
                 
                Additional applications for establishment by
                other multinational corporations are at present
                being considered by the authorities at the Dubai
                Airport Free Zone and Business Village. 
                     
                  
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